The correct answer for this question is a. True. Hope this helps you fulfill your desires.
Answer:
Explanation:
The journal entries are shown below:
a. Inventory A/c Dr $26,000
To Notes payable A/c $26,000
(Being inventory is purchased for signing the short term notes payable)
b. Interest expense A/c Dr $780
Notes payable A/c Dr $26,000
To Cash A/c $ $26,780
(Being cash is paid on maturity)
The interest expense is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $26,000 × 6% × (6 months ÷ 12 months)
= $780
The 6 months is calculated from March 1 to September 1
After my thorough researching, the two types of résumés that can be formatted to be visually appealing is the print and the web. The correct answer to the following given statement or question above is the print and the web.
Answer:
At-will Employment
Explanation:
At-will employment is a law used in the US that gives employer the power to fire an employee at anytime, without any real wrongdoing as long as the reason isn't illegal.
This at-will employmet makes it difficult for the court to help such employers claim their benefits because of that law.
I hope this helps.
